Bloomberg Analyst: "BTC, ETH, and 12 Other Major Coins ETF May Be Automatically Approved"
Bloomberg Senior ETF Analyst Eric Balchunas said, "The U.S. Securities and Exchange Commission (SEC) has disclosed a rule change containing the 'listing criteria' for cryptocurrency exchange-traded products (ETP). The rule allows automatic ETF listing approval without separate review for cryptocurrencies that have futures trading for over 6 months on the Coinbase derivatives exchange. The existing requirement to submit an exchange rule change filing (19b-4) for each ETF will be eliminated, significantly simplifying the institutional procedure. Currently, 12 cryptocurrencies meet these criteria, including BTC, ETH, SOL, Doge, XRP, which previously had over 85% ETF approval probability. The approval timing is expected to be as early as September or no later than October."
BTC Spot ETF Sees Consecutive 5-Day Net Inflow of 'โฉ6.6 Billion'
According to TraderT, $47.39 million (โฉ6.6 billion) was net inflows into the U.S. Bitcoin spot ETF on the 30th (local time). The BTC spot ETF's BTC holdings have also exceeded 1.3 million. BlackRock IBIT received $34.73 million, and Bitwise BITB received $12.66 million in net inflows. Other ETFs had no net inflows or outflows.
[The rest of the translation follows the same professional and accurate approach, maintaining the specific cryptocurrency terms as instructed.]Kiwoom Securities has filed trademarks for 'KiwoonKRW' and 'KRWKW' as reported by Digital Asset. This is the third trademark application by a securities firm, following NH Investment Securities and Shinhan Investment Securities.
Sui DEX Momentum to Host $1 Million Prize Event
Momentum, the largest decentralized exchange (DEX) and liquidity hub in the Sui ecosystem, announced that a $1 million prize event co-hosted with cryptocurrency exchange OKX is approaching in one month.
340 Billion Won Coin Fraud 'Jonbeokim' Bail Rejected
Park, accused of a fraud totaling 34 billion won, recently applied for bail but was rejected by the court. Previously, he was indicted for issuing a scam coin 'Podo' and artificially inflating its price before selling all holdings, embezzling 80.9 billion won. He was later indicted again for issuing 'Atube' and allegedly embezzling 260 billion won.
237,817,487 USDT Transferred... Anonymous โ Sefu
According to Whale Alert, 237,817,487 USDT was transferred from an anonymous address to a Sefu address, amounting to $240 million.
Crypto 'Fear and Greed Index' at 72... Greed Continues
Alternative's self-calculated 'Fear and Greed Index' recorded 72, down 2 points from the previous day, maintaining the greed phase.
Altcoin Season Index at 36... Down 2 Points from Previous Day
CoinMarketCap's 'Altcoin Season Index' recorded 36, down 2 points from the previous day.
Japan Keeps Policy Rate Unchanged
Bank of Japan announced it would keep the policy rate unchanged at 0.5%. Japan has maintained rates for four consecutive times since raising them by 25 basis points in January.
Trump: "Korea to Reduce Mutual Tariffs from 25% to 15%... Korea-US Summit in Two Weeks at White House"
Donald Trump announced that mutual tariffs on Korea would be reduced from 25% to 15% under conditions including Korea's $350 billion investment, according to Yonhap News.
Binance Suspends INJ Deposits and Withdrawals
Binance announced it will suspend deposits and withdrawals on July 31 due to the Injective (INJ) network upgrade and hard fork.
BTC Surpasses $118,000
According to Coinness market monitoring, BTC surpassed $118,000. On Binance USDT market, BTC is trading at $118,017.54.
